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Trump admin downplays small business worries about tariffs | CNN Business

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The content at the provided URL is a video segment from CNN's "The Lead with Jake Tapper," aired on May 13, 2025. In the video, Kevin Hassett, former economic advisor to President Trump, discusses the impact of Trump's tariffs on the U.S. economy. Hassett argues that the tariffs, particularly those imposed on Chinese imports, were necessary to protect American industries and jobs. He claims that despite initial economic disruptions, the long-term effects have been beneficial, fostering domestic production and reducing reliance on foreign goods. However, the video also includes counterarguments from other economic experts who suggest that the tariffs have led to increased costs for American consumers and strained international trade relationships.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/13/business/video/the-lead-hassett-president-trump-tariffs-economy-imports-china-trade-business-jake-tapper ]